No Data
US Morning News Call | Gold Tops $3,000 as Analysts Predict $3,500 Target
Here's the Breakdown for US February Nonfarm Payrolls, in One Chart
In February, China's Forex reserves increased, and the central bank expanded its Gold reserves for four consecutive months.
As of the end of February, China's Gold reserves were 73.61 million ounces, an increase from 73.45 million ounces at the end of January, showing a growth of 0.22%. As of the end of February 2025, China's Forex reserves stood at $3227.2 billion, an increase of $18.2 billion from the end of January, representing a growth of 0.57%.
USA's rush for Gold has created an 'economic panic'?
Goldman Sachs pointed out that in January, the gold import amount was about 25 billion USD, almost accounting for the entire expansion of the USA trade deficit of 31 billion USD, which has a significant distorting effect on trade data and leads the market to be not bullish on the first quarter GDP growth. Moreover, this portion of imports is usually excluded from GDP calculations, so there is no need for the market to be overly pessimistic.
Earnings Call Summary | LUNDIN GOLD INC(LUGDF.US) Q4 2024 Earnings Conference
Earnings Call Summary | TOREX GOLD RESOURCES INC(TORXF.US) Q4 2024 Earnings Conference
. So crypto will never replace gold as a reserve last forever. China is buy, Federal Reserve needs to buy!
iamiam OP user77248281 : I did several on the energy and producers sectors, but you want one on just CL (crude light)?
iamiam OP user77248281 : done, sorry it took so long
BE EATING PEACHES : buy Twitter it's moving buy 10$ buy stock and options
iamiam OP BE EATING PEACHES : not a chance, Twitter's run will burn out, I would buy silver/gold 1000x over before worthless empty twitter that is still 18x overvalued